This is an article on greater transparency in China allowing investors to pick between good and bad Chinese stocks. What’s interesting is the example given of a “bad” stock is a mobile content provider. Considering China is one of the fastest growing mobile phone markets and is a strong contender for being the largest market in a few short years, it wouldn’t be unreasonable to expect a mobile content provider to do well.
“Investors who piled into short-messaging service [SMS] provider Linktone Ltd when it floated its stock back in March are singing the blues. The company is trading 43% below its listing price of $14. Linktone is one of many companies, including NASDAQ-listed NetEase.com Inc and Sohu.com Inc that have been hurt by a recent crackdown by Beijing on SMS content.”
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